Properties

Los Angeles, CA 90043 3120 W 71st Street

3120 W 71st Street Los Angeles, CA - Image 13120 W 71st Street Los Angeles, CA - Image 23120 W 71st Street Los Angeles, CA - Image 3
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3120 W 71st Street Los Angeles, CA - Image 43120 W 71st Street Los Angeles, CA - Image 53120 W 71st Street Los Angeles, CA - Image 63120 W 71st Street Los Angeles, CA - Image 73120 W 71st Street Los Angeles, CA - Image 83120 W 71st Street Los Angeles, CA - Image 93120 W 71st Street Los Angeles, CA - Image 103120 W 71st Street Los Angeles, CA - Image 113120 W 71st Street Los Angeles, CA - Image 12
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 26643499
  • 01/26/2026
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  • Beds • 12
  • Baths • 1
  • SQFT • 5,184

Home Details

NO LA CITY RENT CONTROL & BRAND NEW ROOF... 3120 W 71st St is a well-maintained 6-unit multifamily investment opportunity located in a rapidly evolving pocket of Los Angeles. Built in 1990, this rare offering is exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), providing investors with increased flexibility and long-term upside potential. The property is comprised of six spacious 2-bedroom / 1-bathroom units, each averaging approximately 864 square feet. All units are separately metered for gas and electricity, and each has a dedicated water heater, reducing owner expenses and operational complexity. The building also features copper plumbing, a brand new roof (2025), and a storage room with washer/dryer hookups not currently in use, offering further income or amenity potential for a new owner.Sitting on a 7,992 square foot lot, the property has 8 gated surface parking spaces at the rear of the building, offering convenience and security for tenants. With a current cap rate of 5.79% and a GRM of 11.03 the investment presents strong in-place cash flow with room to grow. Additionally, there is potential to build one or more ADUs (buyer to verify), providing further value-add opportunity in a supply-constrained market. Strategically located near major entertainment and transportation hubs including SoFi Stadium, the Kia Forum, the upcoming Intuit Dome, and a growing collection of dining and retail destinations 3120 W 71st Street stands to benefit from continued neighborhood appreciation and infrastructure investment. With its desirable unit mix, non-RSO status, strong financials, and ADU potential, 3120 W 71st Street represents a compelling, turn-key investment opportunity in the heart of Los Angeles.
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 3120 W 71st Street

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2

General for 3120 W 71st Street

Cap Rate5.79
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsProperty is located south of W Florence Ave, between Crenshaw Blvd and S Van Ness Ave.
Full Baths
Gross Income167760
HOANo
HeatingNone
LevelsTwo
Living Area5184
Lot Size Square Feet7992
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
Net Operating Income107099
New ConstructionNo
Number Of Units Total6
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1990
ZoningLAR3

Exterior for 3120 W 71st Street

Building Area Total5184
Lot Dimensions47x170
Lot Size Acres0.1835
Lot Size Area7992
Number of Buildings1
Parking FeaturesCovered
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,850,000
MLS#26643499
List Date 01/26/2026
Property Type Multi-Family
Phone 888.795.6274
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